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Douglas McGregor proposes that  ________ managers assume that employees like work and welcome challenges.

Double taxation means that corporations are taxed at double the rate of sole proprietorships or partnerships.

If net income after taxes are $60,000 and owners’ equity is $200,000, how much is return on owner’s equity (as a percentage)?

If net income after taxes is $45,000 and net sales are $100,000, what is the return on sales (as a percentage)?

In a balance sheet, assets = owners’ equity less total liabilities.

The ________ approach to management treats employees like machines who need to be programmed with a one best way of doing things.

When a job requires many different skills it has high task significance.

When corporations are taxed at the corporate tax rate and then individuals who receive dividends from that corporation are also taxed, this is called ____________________.

Partnerships tend to be easiest form of business to start.

In an income statement, if net sales are $600,000 and returns and discounts were $40,000, how much would gross sales be?